Garland Texas Residential Sales Report for September

Single-Family:

Sales were up a strong 15% in September as compared to a year ago. The average sales price rose 23% and the median sales price jumped 20%. Pending sales fell 13% so next months sales may be off. The number of new listings increased 3% but the active listings declined 25%. There is now a 1 month supply of home on the market.

Sales: 210

Average Sales Price: $197,147

Median Sales Price: $179,990

Pending Sales: 168

New Listings: 194

Active Listings: 171

Months of Inventory: 1

Information provided by The Real Estate Center at Texas A&M

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